Reverse stock splits are typically executed to increase the per-share price of a company's stock, often to comply with exchange listing requirements. While this does not inherently change the company's valuation, it can have mixed short-term impacts on stock price due to perceptions of financial health and potential liquidity concerns. However, since the split is uniformly applied and does not alter shareholder equity percentages—except for the rounding of fractional shares—its direct impact on the stock's value is neutral. The primary goal here is compliance with NYSE American listing standards.